Segment Information

9 Months Ended

Apr. 30, 2018

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company is organized and managed on a global basis within three operating segments, Identification Solutions, Workplace Safety, and People Identification ("People ID"), which aggregate into two reportable segments that are organized around businesses with consistent products and services: IDS and WPS. The Identification Solutions and People ID operating segments aggregate into the IDS reporting segment, while the WPS reporting segment is comprised solely of the Workplace Safety operating segment. The Company evaluates short-term segment performance based on segment profit and customer sales. Interest expense, investment and other income, income taxes, and certain corporate administrative expenses are excluded when evaluating segment performance.

The following is a summary of segment information for the three and nine months ended April 30, 2018 and 2017:

	Three months ended April 30,				Nine months ended April 30,
	2018		2017		2018		2017
Sales to External Customers
ID Solutions	$	212,154	$	196,880	$	628,291	$	589,106
Workplace Safety	86,267		79,047		248,061		234,998
Total Company	$	298,421	$	275,927	$	876,352	$	824,104
Segment Profit
ID Solutions	$	36,970	$	32,633	$	106,896	$	94,676
Workplace Safety	7,537		5,120		21,037		17,615
Total Company	$	44,507	$	37,753	$	127,933	$	112,291

The following is a reconciliation of segment profit to earnings before income taxes for the three and nine months ended April 30, 2018 and 2017:

	Three months ended April 30,						Nine months ended April 30,
	2018			2017			2018			2017
Total profit from reportable segments	$	44,507		$	37,753		$	127,933		$	112,291
Unallocated amounts:
Administrative costs	(6,798		)	(6,203		)	(20,017		)	(17,571		)
Investment and other income	31			453			1,303			560
Interest expense	(761		)	(1,375		)	(2,453		)	(4,565		)
Earnings before income taxes	$	36,979		$	30,628		$	106,766		$	90,715